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McCarthy Building Companies recently topped the new Acute Care Pavilion at Rady Children's Hospital in San Diego. The five-story building's steel frame was topped out so that concrete decks can be poured in preparation for a completion in the summer of 2010.

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Unicorp Development says the first phase of its $250 million mixed-use project in Richmond, Va., will open in early September. The project, called West Broad Village, will include a Whole Foods store, along with a mix of hotel, retail, office and housing components.

Weekly oil prices fell for the fourth time in five weeks, part of an overall downward trend in commodities sparked by a rising dollar value. As the dollar battled back to a five-month high against the euro, prices for oil, metal and crops all tumbled. After reaching a record high of $147.27 a barrel on July 11, oil prices have retreated 20%, the threshold widely regarded as the start of a bear market.

Lion's Gate Development Group has signed its first tenant for its $1 billion mixed-use project planned for downtown Sarasota, Fla. Real-estate firm Sky Sotheby's International Realty has signed on to move its headquarters to 33,000 square feet of the project, called the Proscenium.

The current downturn in construction is an opportunity for planners and engineers to reassess their relationships and realign their goals, says urban planner Charnelle Hicks of Philadelphia. Too often in the past, she says, the two professions have butted heads over airports, power plants and "other facilities vital to the life of communities." Promoting shared goals such as transit-oriented development "should demonstrate that we can be trusted to offer consultation on matters around infrastructure and development," she writes.

A new arena and coliseum in the coastal Alabama town of Robertsdale was built to serve as a hurricane-resistant shelter for up to 5,000 people in the short term and 1,900 people in the long term in case of a devastating storm. The main structure of the building is a bunker-style coliseum that was built to withstand 200-mile-per-hour sustained winds, and the roof is designed to handle 140-mph winds.